SYSPRO Smarter ERP

MARCH 20, 2024

In recent years, the amount of data available to most companies has exploded. Common issues include: Lack of data-source integration. The ability to gather and compare data from multiple sources is vital to making real-time decisions. Data warehousing costs rise. Scarce manpower. Human error.

Manufacturing Procurement 105

Manufacturing Procurement Optimal Sourcing Expense Reduction Cost Reduction 105

Logistics Viewpoints

FEBRUARY 22, 2022

Meeting today’s logistics challenges of the three C’s – customer service, carbon, and cost – companies are not just looking at gathering data, but also how to better interpret and understand this data, and then use it to drive additional value. How about your need for a seamless corporate transportation analysis?

Data 111

Data Logistics Network Optimization Software Supply Chain Planning Software Cost Reduction 111

Logistics Bureau

DECEMBER 28, 2024

How to Reduce Carbon Emissions in Your Supply Chain 1. For example, switching from air to ocean freight for non-time sensitive shipments can reduce carbon emissions by up to 95% per unit shipped. This data driven approach allows for targeted interventions and helps quantify the impact of different reduction initiatives.

Resource Reduction 85

Resource Reduction Material Savings Supply Chain Design Software Supply Chain Planning Software 85

Logistics Bureau

OCTOBER 10, 2022

For example, you can optimise for cost, profit, or service, but not for all of them. For example, inaccurate forecasts typically lead to: Overstocking — a problem that ties up working capital and can lead to inventory obsolescence. How to Improve Forecast Accuracy for Optimal Inventory. How Does Lead Time Affect Inventory?

Inventory Reduction 124

Inventory Reduction Inventory Optimization Modeling Optimization Software 124

WorkWave

MARCH 26, 2024

Advanced route planning software utilizes real-time data, predictive analytics and machine learning algorithms to create efficient delivery schedules tailored to each driver’s route. FreshPath Logistics FreshPath’s routing software provides a data-rich experience, enabling them to track deliveries with precision.

Optimization Software 105

Optimization Software Optimization Logistics Network Optimization Software Cost Reduction 105

Logistics Bureau

NOVEMBER 16, 2020

For example, a member of the sales team could apply to become a purchasing agent, based on her experience of negotiating sales deals. The main lack of talent is in middle management, especially in big data analytics and supply chain planning, where the shortage is around 54%. Sea Change—A Supply Chain Career is now seen as ‘Cool’.

Supply Chain Planning Software 118

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 118

Logistics Bureau

JULY 18, 2022

For example, you don’t want to assume that a single logistics strategy and service approach will meet all your customers’ needs. It may do, but how do you know? Then, you can analyse your current supply chain capabilities using the research results and your data concerning customer needs. Delivery service levels.

Inventory Reduction 116

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction 116

Logistics Bureau

OCTOBER 29, 2020

Suppose you wanted to be the fastest runner in the world, for example. This is a question that frustrates businesses if they only have data that is anecdotal and subjective, and lack the quantitative hard data that really tells them what’s going on. Good Data is Key to Success with SCOR. Those levels are “benchmarks”.

Supply Chains 91

Supply Chains How To Scenario Planning Cost Reduction 91

FreightWaves SONAR

APRIL 1, 2021

Generally, it follows the same basic process: Take the dimensional weight, for example, with a package that’s estimated to be eight pounds after calculating its dimensional volume and dividing that value by the DIM factor. In this example, the shipping rate would be based on the DIM pricing weight of eight pounds. Request a SONAR Demo.

Negotiating Skills 98

Negotiating Skills Price Reduction Trends How To 98

Stord

NOVEMBER 13, 2024

BFCM by the Numbers Data from 2023 showed a record-setting turnout of 200.4 With accurate inventory data paired with a robust Order Management System (OMS) with real-time data, not only do these problems vanish, but new opportunities present themselves. million shoppers during Cyber Week in the USA.

Inventory Reduction 148

Inventory Reduction How To Cost Reduction Procurement Solutions 148

Logistics Viewpoints

JANUARY 31, 2024

In smart manufacturing, for example, the deployment of a multitude of sensors and devices for real-time monitoring of machinery, predictive maintenance, and quality control are primary use cases. These concerns mean that industrial companies need to carefully consider how to integrate this new technology into their long-term strategies.

Supply Chain Design Software 172

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chains 172

Turvo

AUGUST 24, 2021

Real-time data is critical to the supply chain’s smooth operations day in and day out. Examples would be some traditional forms of material handling equipment. Faster communication with automated messaging and data sharing. Data collection and analysis can be accurately applied to the network.

Optimization Software 98

Optimization Software Supply Chain Software Logistics Network Optimization Software Supply Chains 98

CH Robinson Logistics

DECEMBER 15, 2021

However, with this year’s volatility, I was also given a front-row seat to a new level of hyper collaboration – including individuals going out of their way to help each other, more strategy sessions between shippers and forwarders, and continually leaning into historical data and current market insights to find smarter solutions.

Sourcing Strategies 90

Sourcing Strategies Global logistics Cost Reduction Inventory Reduction 90

Logistics Viewpoints

OCTOBER 2, 2024

The Ecosystem Today The logistics ecosystem is being transformed by the rise of connected vehicles equipped with IoT sensors and data-driven technologies. These vehicles collect and transmit real-time data on location, speed, fuel consumption, and cargo conditions, enabling more dynamic decision-making. How to Surmount Those Obstacles?

Supply Chain Planning Software 154

Supply Chain Planning Software Warehousing Supply Chain Software Optimization Software 154

SYSPRO Smarter ERP

NOVEMBER 30, 2021

An enterprise resource planning (ERP) system can automate and provide a systematic approach to creating a forecast from historical data. It provides the facility to analyze forecasting errors, share data between departments such as procurement, identify sales trends and seasonality. Stay Agile, Get Ahead.

Supply Chain Planning Software 105

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Manufacturing Procurement 105

ShipLilly

JULY 7, 2021

For example, thieves have a longer period to escape since most of the security staff is off of work. For example, some leave the tractor running as they are sleeping to stay warm in a cold area. Keep accurate data of all your equipment. Examples of these include steering column locks, air cuffs, and sensors.

Cargo 98

Cargo How To Tips Tracking and Tracing 98

Logistics Viewpoints

JANUARY 5, 2022

Meanwhile, companies who have embarked on the control tower journey are discovering just how difficult they are to build. AI aids shippers in better understanding how to drive efficiencies without sacrificing service levels. But being able to react with speed is also a matter of culture. But AI is moving beyond this dynamic.

Supply Chain Planning Software 213

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 213

Ship Monk

DECEMBER 30, 2020

For example, your shipping rate could be $5 for orders within 50 miles of your warehouse, $10 for 100 miles, and so on and so forth. For example, if you’re sending a pair of mittens to Susan from down the block, then those rates will be different from Karl who lives across the country. It’s all about the balance, baby. Shoot us a line.

How To 96

How To Cost Reduction Purchasing Skills eCommerce 96

GoShip Blog

APRIL 27, 2021

BOL form example. Additionally, shippers, carriers, and third parties are notified automatically if any critical data fields are missing or incomplete. Without correct data on the document, shippers risk paying additional charges or experience shipment delays. Special instructions for the carrier. A picture of generic BOL.

How To 98

How To Document Material Savings Freight 98

Logistics Viewpoints

DECEMBER 17, 2024

The ability to drill down into this data at multiple levels ensures that sustainability measures are implemented and optimized for various supply chain segments. The goal is to understand whether emissions are increasing or decreasing and how these shifts correlate with other operational factors. References: 1.

Supply Chain Planning Software 137

Supply Chain Planning Software Supply Chain Software Procurement Solutions Optimal Sourcing 137

Logistics Viewpoints

JANUARY 25, 2024

Instead start with the foundation of your AI strategy, which should be an understanding of your company’s supply chain and your data. Consider a planner in Brazil working with the previous lead time prediction example, who has forgotten how to update the parameters. Because it doesn’t understand, we need humans at the helm.

Supply Chain Planning Software 152

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 152

Logistics Bureau

NOVEMBER 8, 2021

If yours is not one of those businesses, and you’re confident in your KPI suite and the relevance of the data it provides, congratulations! So, for example, if your business competes strongly on price, you might go heavy on the cost-reduction side of supply chain management, setting objectives centered on savings.

Supply Chain Software 93

Supply Chain Software Supply Chains Scenario Planning Cost Reduction 93

Logistics Viewpoints

MARCH 4, 2024

A good example is saying “What are my demurrage issues at the Port of Long Beach?” This check involves connecting carrier contract data and shipment dwell times. This kind of communication is more outcome-oriented,” Mr. “If you think about how people interact with our system, or any system, they have a bunch of mental checklists.

Modeling Software 144

Modeling Software Supply Chain Software Nodes Logistics Network Optimization Software 144

Turvo

AUGUST 18, 2020

Every company promises access to more information, the latest market data, and a better way to manage the supply chain. For example, language barriers may result in massive disruptions of the supply chain if the visibility software cannot transcribe tags and information. The reality is simple.

Supply Chain Design Software 96

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chains 96

Logistics Business Magazine

SEPTEMBER 7, 2023

Most shippers, carriers and logistics service providers understand the importance of data collection and data-driven decision-making. Data collected over time provides intelligence, enabling companies to enhance long-term decision-making. Artificial intelligence is a potent tool that helps companies get the most from their data.

Logistics Network Optimization Software 61

Logistics Network Optimization Software Data Modeling Software Negotiating Skills 61

Logistics Viewpoints

APRIL 19, 2023

Second, what is autonomous planning in supply chain, and what are some practical examples? And finally, how does a company achieve autonomous planning? Then there’s the question of how much to hold at the central warehouse to replenish the MFCs as well as how to dynamically allocate receipts at the cross-docks.

Supply Chain Planning Software 144

Supply Chain Planning Software Optimal Sourcing Scenario Planning Manufacturing Procurement 144

Logistics Viewpoints

NOVEMBER 4, 2024

More recently, demand planning applications based on machine learning have improved forecasting by incorporating competitor pricing data, store traffic, and weather data. ML techniques like clustering, data similarity, and semantic tagging can automate master data management.

Supply Chain Planning Software 164

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 164

Logistics Viewpoints

APRIL 3, 2023

Aera is using data crawlers to crawl across billions of rows of transactional data on a monthly basis. This is combined with data from external sources on weather, logistics lead times, and sustainability performance. Allocation is a good example of this. Aera Technology is showing me how mistaken I was.

Supply Chain Planning Software 165

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 165

Logistics Bureau

DECEMBER 24, 2024

For example, companies that have their own in-house vehicle fleet often struggle to deliver products on time. Very detailed specifications must be prepared by enterprises, with full disclosure of all available data before a quotation from service providers is attained. Data speaks volumes in terms of performance.

Outsourcing 62

Outsourcing Warehousing Negotiating Skills Purchasing Skills 62

WorkWave

JUNE 27, 2024

Data from the Bureau of Labor Statistics (BLS) shows that the demand for heavy and tractor-trailer truck drivers is expected to grow by 2% from 2021 to 2031, yet the supply is not keeping pace. For example, a major retail chain reported significant logistical challenges due to driver shortages during the peak holiday season.

Optimal Sourcing 92

Optimal Sourcing Supply Chain Planning Software Optimization Software Availability 92

Logistics Viewpoints

FEBRUARY 12, 2024

In smart manufacturing, for example, the deployment of a multitude of sensors and devices for real-time monitoring of machinery, predictive maintenance, and quality control are primary use cases. These concerns mean that industrial companies need to carefully consider how to integrate this new technology into their long-term strategies.

Supply Chain Design Software 140

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chains 140

Logistics Viewpoints

FEBRUARY 24, 2021

And stay tuned to the end of the interview for a quick breakdown of how to use data analytics to help streamline your business. For retail companies, for example, understanding fast-selling SKUs and automatically adjusting safety stocks to avoid stockouts became extremely critical. First is data quality.

Supply Chain Planning Software 119

Supply Chain Planning Software Supply Chain Software Scenario Planning Supply Chains 119

Logistics Viewpoints

APRIL 22, 2024

More importantly, we needed to capture the knowledge of our subject matter experts on how to make all of that happen.” It learned how to solve problems from the people who solve those problems every hour of every day. It analyzes new and historical order data, customer preferences, and transactions. What is Causal AI?

Optimal Sourcing 148

Optimal Sourcing Supply Chain Planning Software Modeling Software Optimization Software 148

Trinity Logistics

JANUARY 19, 2024

Foundational Model This is where the training/learning takes place, where you’re teaching the AI how to look at things and look at input. Generative AI is first trained on a foundational model and then fine-tuned with human feedback and additional data. That is one example of a public version of Generative AI.

Supply Chain Software 112

Supply Chain Software Logistics Network Optimization Software Modeling Software Supply Chains 112